Dominion Equippers Inc

Analysis

Dominion Equippers Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Dominion Equippers Inc reported income of $370k and spending of $382k, spending 103% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $296k to $370k (+25%), an average of +25% a year. The sharpest change came in the year to July 2023, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dominion Equippers Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Entrepreneurship Foundation Inc ($370k), St Monicas Montessori Inc ($370k) and National Center for Entrepreneurship and Innovation ($370k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $48k (13% of expenses). At year end it held assets of $89k against liabilities of $0, net assets of $89k.